former assistant secretary of the treasury and host of the monica crowley podcast. st. mollie hemingway, fox news contributor and editor in chief of o the federalist monica. now it should be noted that both of these polls came out before the two record inflation readings we ve gotten in the last twenty four hours lt can you believe this number one and number two, how doan they get out of this spiral or can they ? when well, thank you , y laura . you know, when you take a lookfl at these poll numbers, it reflects that most americans view the biden president presidencyhe already as an historic catastrophe. when you get this kind of dramatic polling collapse, it usually doesn t happen this fast into a presidency usually comes much laterl and it s usually tied to a presidential mishandling of like a recession or a war or a scandal. but in this case, the american people understand that all
at the middle of this. you wrote senator manchin is focused on the cost, that schumer wants to get passed by the end of the year. what is his mindset looking like in this? wait and see. none of us should try to predict what joe manchin is going to do and where he ll end up on any given day. one thing clear, he s always warning about inflation and always wanted to go slowly. at a certain point we should listen to what joe manchin says, worried about inflation, the numbers that come out, 6.2% year over year, we ll have more inflation readings throughout the month. he wants to wait and see how this is going to sort its way through. is the white house, do they get that when this comes to manchin? they know they have a i don t know a manchin problem or challenge, we can debate but they know that joe manchin is going to exact his price. they know kyrsten sinema is going to be difficult. sinema is worried about taxes always and manchin the spend side. the challenge for the white house
economy. it doesn t get any better than this. and i really would urge people to reconsider their pessimism. big rally on wall street in reaction, recovering from the worst two day start to a new year since 2000. investors were also relieved by comments from the federal reserve chairman jerome powell indicating that interest rates may not necessarily go up this year. there is no preset path for policy. and particularly, with the muted inflation readings we have seen coming in, we will be patient as we watch to see how the economy involves. when pressed, he said that he would not resign if president trump ask him to. another positive lifting spirits was news that the chinese side has been confirmed two days of trade talks with the u.s. trade tensions along with interest rates have weighed on global markets but with today s big rally, the first week of